A Promise Exchanged for an Act Is an Example of A

question 45

Multiple Choice

A promise exchanged for an act is an example of a:

• A)a bilateral contract.
• B)a unilateral contract.
• C)an implied contract.
• D)a quasi-contract.

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Definitions:

U.S. Constitution

The foundational document establishing the framework of governance and rights in the United States.

Patent Application

A formal request submitted to a patent office for the grant of a patent for the new and useful invention it describes.

20-Year Period

A term generally used to describe a fixed duration of twenty years, which can be relevant in various contexts, such as financial investments, statutes of limitations, and property rights.